Italy to contribute to IDB Transparency Fund

Wednesday, January 24, 2018 - 13:47
Italy is joining Norway, Canada and MasterCard as a partner and contributor to the Inter-American Development Bank’s Transparency Fund , a vital tool to help countries strengthen their anti-corruption and pro-transparency reforms. The government of Italy has donated €1 million. 

Brazilian states will boost tax revenues, improve competitiveness with PROFISCO II

Monday, December 11, 2017 - 19:00
IDB approves $900 million conditional credit line for the PROFISCO II program Ceará will be the first Brazilian state to benefit, with $70 million loan The Inter-American Development Bank (IDB) has approved a $900 million credit line to support Brazilian states’ efforts to modernize their fiscal management and improve tax administration and public spending management.

IDB supports Colombia’s efforts to fight and prevent corruption

Monday, December 11, 2017 - 19:00
Colombia will strengthen public surveillance and promote its institutions’ transparency and integration by boosting up the effectiveness of the Public Prosecutor's Office (PGN, after its Spanish initials) with help from a $40 million loan from the Inter-American Development Bank (IDB).

The IDB approves two loans to Argentina for a total of $220 million

Wednesday, November 29, 2017 - 10:10
The IDB will finance an infrastructure and road safety program in the Province of Buenos Aires and the implementation of Argentina’s National Financial Inclusion Strategy Road network capacity and safety in Argentina’s Buenos Aires Province

IDB Group and Civil Society discuss sustainable development challenges in Latin America and the Caribbean

Tuesday, November 7, 2017 - 19:00
More than 500 civil society representatives from 26 nations and international experts share knowledge on innovation from the perspective of future jobs, intelligent cities, the digital economy and social innovation SANTA CRUZ, Bolivia – More than 500 representatives from Latin American and Caribbean Civil Societies organizations met in Santa Cruz, Bolivia, with senior Inter-American Development Bank (IDB) officials to discuss ways to put innovation at the service of sustainable development.

IDB approves $50 million loan to improve civil registry procedures in Peru

Monday, October 9, 2017 - 03:00
Citizens of Peru will have better access to civil registry and identification services thanks to an $80-million-dollar project, of which $50 million will be financed by the Inter-American Development Bank (IDB). The initiative seeks to lower the costs of obtaining identification documents, with improved coverage for in-person services, better attention for disadvantaged people and the incorporation of digital technologies.

IDB Launches $3 Billion 5-Year Fixed Rate Global

Wednesday, September 13, 2017 - 03:00
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $3 billion 5-year global bond. The transaction pays a semi-annual coupon of 1.750 percent and matures on September 14, 2022. Priced with a spread of +20.35 basis points over the UST 1.625 percent August 2022, this represents a yield of 1.824 percent s.a.

Fintech companies preview big innovations and changes in financial markets in Latin America

Thursday, August 10, 2017 - 03:00
Wave of new financial companies bring innovative instruments and business models, seeking to reach segments not served by the traditional financial industry, but present a challenge for regulatory systems In the past two years Latin America has experienced a rapid emergence of new financial companies based on technological platforms, known as Fintech, which signals a profound change in the financial markets but at the same time presents a challenge to regulators, according to a study by the Inter-American Development Bank (IDB) and Finnovista, an organiz

Colombia issues its first green bond in the local market for 200 billion pesos with the support of the IDB

Wednesday, August 9, 2017 - 17:29
Proceeds will be used by Bancoldex to finance projects that mitigate the impact of climate change and improve the environmental performance of Colombian companies. BOGOTÁ, Colombia- Banco de Comercio Exterior de Colombia SA, Bancóldex, with the support of the Inter-American Development Bank (IDB), today issued the country's first greenbond available through the Colombian Stock Exchange (BVC, Bolsa de Valores de Colombia) for 200 billion pesos to fund projects that help mitigate climate change impacts.

Suriname to improve fiscal sustainability with IDB support

Friday, June 30, 2017 - 03:00
Suriname will receive a US$40 million investment loan from the Inter-American Development Bank (IDB) to increase tax revenue and improve public spending and investment in order to reduce its budget deficit and improve its fiscal sustainability in the medium-term.